A study on the effects of corporate governance on the firm performance of publicly-listed financial institutions in the 2008 financial crisis in the Philippines
Date of Publication
2015
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Patricia P. Benito
Defense Panel Member
Preeti Kumari
Kristine Mae F. Lagdameo
Ester Guerzon
Abstract/Summary
The 2008 financial crisis is considered to be the worst financial crisis following the Great Depression in the 1930s. There were many significant events that led to this catastrophe, such as the irresponsible mortgage lending of banks to poor creditors, the bankruptcy of the Lehman brothers and the repeal of the Glass-Steagall Act. Because of the events that led to the crisis, it shows there was ineffective risk management and corporate governance during that time. This research paper aims to determine the role of corporate governance in publicly-listed financial institutions during the 2008 financial crisis in the Philippines, and determine whether corporate governance has an impact in the firm performance of publicly-listed financial institutions before, during and after the crisis periods. Based form the results, corporate governance has no direct impact in the firm performance of the financial institutions in the pre-crisis, crisis and post-crisis periods. Because of this, future researchers should consider foreign banks and non-listed financial institutions and use another combination variables that show a better relationship.
Abstract Format
html
Language
English
Format
Accession Number
TU21736
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
74 leaves : illustrations ; 28 cm.
Keywords
Corporate governance--Philippines; Risk management--Philippines
Recommended Citation
Esguerra, N. A., Madlangsakay, E. S., Hernandez, K. M., & De Guzman, A. M. (2015). A study on the effects of corporate governance on the firm performance of publicly-listed financial institutions in the 2008 financial crisis in the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/7160